Emerita Resources (EMO) AI Stock Analysis

• Market Cap: C$196.83M
• Dividend Yield: N/A
• Average Volume (3M): 268.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: N/A
• EPS Growth: 19.55%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 289,457,280
• 10 Day Avg. Volume: 197,260
• 30 Day Avg. Volume: 268,722
• PEG Ratio: 0.27
• Price to Book (P/B): 30.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.84
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.50
• Price Target Upside: 284.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: ―

Emerita Resources' stock score reflects significant financial challenges with ongoing losses and negative cash flows. While technical indicators and valuation metrics suggest caution, recent corporate developments offer some optimism. The stock's outlook remains cautiously optimistic but heavily reliant on future financial improvements and successful project expansions.

Positive Factors

Industry Recognition

Recognition on the TSX Venture 50 list highlights Emerita's operational excellence and innovation, enhancing its reputation and potential to attract investment and partnerships.

Strategic Expansion

The new exploration permit greatly expands Emerita's project area, providing access to additional resources and leveraging existing infrastructure, which supports strategic growth and long-term development.

Resource Expansion

The significant increase in resource estimates at the Iberian Belt West Project strengthens Emerita's market position and potential for future growth, enhancing its long-term value proposition.

Negative Factors

Operational Inefficiencies

Operational inefficiencies, as evidenced by negative profit margins, indicate high costs relative to revenue, challenging Emerita's ability to achieve profitability and sustain growth.

Legal Setback

The legal setback in the Aznalcóllar tender dispute could hinder Emerita's strategic expansion plans and limit access to valuable resources, affecting long-term growth prospects.

Financial Challenges

Persistent financial challenges, including losses and cash flow deficits, pose risks to Emerita's ability to sustain operations and fund future projects, impacting long-term viability.

Emerita Resources Business Overview & Revenue Model

Company Description

Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties primarily in Spain. The company primarily explores for gold and zinc deposits. The company has interests in three exploration properties comprising Iberia Belt West project, which is located in Huelva Province in southwestern Spain; Plaza Norte project that is located in the Reocin Mining Camp in Cantabria, northern Spain; and Sierra Alta project, which is located in the Asturias region in northwestern Spain. Emerita Resources Corp. is headquartered in Toronto, Canada.

How the Company Makes Money

Emerita Resources makes money through the exploration and development of mineral properties, leading to the identification and extraction of valuable mineral deposits, such as gold and zinc. The company's primary revenue streams are derived from the sale of these extracted minerals in the global commodities market. Additionally, Emerita Resources may enter into joint ventures or partnerships with other mining companies to share the costs and profits associated with mineral extraction and development. The company's earnings are significantly influenced by the global demand and market prices for the minerals it focuses on, as well as its ability to efficiently manage exploration and extraction processes.

Emerita Resources Financial Statement Overview

Summary

Emerita Resources faces substantial financial challenges, particularly in achieving profitability and generating positive cash flows. The balance sheet shows some stability with low leverage, yet ongoing losses and cash flow deficits present significant risks.

Income Statement

Emerita Resources has struggled with profitability, as indicated by consistent negative gross profit margins and net losses. The company has no revenue from sales in prior years and a recent small revenue in TTM, but the negative EBIT and EBITDA margins highlight operational inefficiencies and high costs relative to revenue.

Balance Sheet

The company maintains a relatively low debt-to-equity ratio, indicating less reliance on debt financing. However, the equity ratio suggests a moderate reliance on equity financing. The negative stockholders' equity in earlier years indicates past financial distress, though recent improvements show recovery in equity levels.

Cash Flow

Operating cash flow remains negative, reflecting ongoing operational challenges. However, the company has managed its financing activities effectively, as seen in the significant financing cash flows, helping to cover operating and investing deficits. Free cash flow remains negative, highlighting liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	9.58M	0.00	0.00
Gross Profit	-9.54K	-9.38M	-16.47M	-14.67K	-4.90K	-2.17K
EBITDA	-11.92M	-13.21M	-21.46M	-20.69M	-17.23M	-1.17M
Net Income	-12.88M	-12.93M	-21.49M	-20.71M	-17.23M	-1.24M
Balance Sheet
Total Assets	56.85M	13.36M	13.27M	22.62M	27.42M	1.10M
Cash, Cash Equivalents and Short-Term Investments	8.17M	10.96M	9.80M	20.18M	26.78M	778.07K
Total Debt	7.11M	5.74M	0.00	0.00	0.00	339.01K
Total Liabilities	8.70M	8.09M	1.58M	1.84M	1.21M	1.57M
Stockholders Equity	48.14M	5.27M	11.69M	20.78M	26.21M	-464.82K
Cash Flow
Free Cash Flow	-13.39M	-11.62M	-21.16M	-12.62M	-4.29M	-1.55M
Operating Cash Flow	-4.68M	-11.44M	-21.07M	-12.29M	-4.28M	-1.55M
Investing Cash Flow	-8.64M	-129.65K	-61.98K	-555.43K	-79.22K	0.00
Financing Cash Flow	17.35M	12.72M	10.81M	6.18M	30.36M	2.26M

Emerita Resources Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EMO, the sentiment is Neutral. The current price of 0.65 is above the 20-day moving average (MA) of 0.57, below the 50-day MA of 0.97, and below the 200-day MA of 1.22, indicating a neutral trend. The MACD of -0.09 indicates Negative momentum. The RSI at 44.07 is Neutral, neither overbought nor oversold. The STOCH value of 78.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:EMO.

Emerita Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BCM	51 Neutral	C$189.11M	-1.50	-525.71%	―	-4.16%	-66.82%
DMX	51 Neutral	$216.47M	-59.01	-20.92%	―	―	7.50%
NCF	50 Neutral	C$210.30M	-154.55	-6.95%	―	―	34.09%
FURY	50 Neutral	C$151.46M	-1.16	-82.29%	―	―	-683.46%
LAM	44 Neutral	C$184.35M	-43.42	-3.57%	―	―	27.96%
EMO	42 Neutral	C$196.83M	-12.85	-46.38%	―	―	19.55%

Emerita Resources Corporate Events

Emerita Resources Pursues Administrative Court Petition on Aznalcollar Tender Dispute

Emerita Resources has announced its decision to petition the Administrative Court of Andalucia to address alleged irregularities in awarding the Aznalcollar public tender, while opting not to appeal a recent criminal trial decision. The company aims to strengthen its legal position to acquire rights to the Aznalcollar project, as it believes significant administrative errors were made during the tender process. This focused approach is expected to expedite resolution and potentially enhance Emerita’s standing in the mining industry and among stakeholders.

The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.

Emerita Resources Secures $35 Million Loan to Advance Iberian Project

Emerita Resources Corp. has secured an upsized loan of USD$35 million from Nebari Natural Resources Credit Fund II, approved by the TSX Venture Exchange, to support its Iberian Belt West Project in Spain. This financial backing will aid in advancing the project through permitting and prefeasibility stages, with a focus on exploration, engineering studies, and environmental permitting, positioning the company for future production decisions.

The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$2.50 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.

Emerita Resources Awaits Administrative Court Decision Amid Aznalcóllar Trial Outcome

Emerita Resources Corp. announced that the Provincial Court of Seville has decided not to impose criminal convictions in the Aznalcóllar trial, despite previous judicial findings of irregularities in the public tender process. The company expressed disappointment but respects the decision and is reviewing the court’s resolution with legal counsel. Emerita is awaiting a decision from the Administrative Court regarding the alleged irregularities in the tender process and remains focused on developing its Iberian Belt West project while maintaining its commitment to ethical and sustainable mining practices.

The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$1.80 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.

Emerita Resources Engages SLR Consulting for IBW Project Pre-Feasibility Study

Emerita Resources Corp. has awarded a contract to SLR Consulting Limited for the completion of a Pre-Feasibility Study (PFS) for its Iberian Belt West (IBW) project. This study will be the first independent third-party evaluation of the project, covering mine to mill design, process plant design, infrastructure, and financial analysis. The decision to engage SLR follows a thorough selection process, with the study expected to be completed in six months. This development marks a significant step in advancing the IBW project, enhancing Emerita’s position in the mineral exploration industry.

The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$1.80 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.

Emerita Resources Launches Geophysical Survey Over Spanish Pyrite Belt

Emerita Resources Corp. announced the commencement of a 1,536km helicopter time-domain electromagnetic and magnetic survey over the Iberian Belt West project and the adjacent San Antonio exploration project in December 2025. This geophysical survey aims to identify anomalies associated with known deposits and unexplored areas, potentially leading to new discoveries of massive sulphide resources. The survey results, expected in early 2026, could enhance Emerita’s exploration strategy by providing detailed subsurface data, thereby strengthening its position in the mineral exploration industry.

The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$1.80 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.

Emerita Resources Expands El Cura Deposit with Promising Drill Results

Emerita Resources has announced promising drill results from its El Cura deposit, part of the Iberian Belt West project. The recent drilling campaign has successfully intersected significant grades of copper and gold, expanding the deposit to the west and enhancing the company’s resource base. These developments are expected to positively impact Emerita’s operational capabilities and strengthen its position within the mining industry.

The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$1.80 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.

Emerita Resources Expands El Cura Deposit with High-Grade Drilling Results

Emerita Resources has announced significant progress in its ongoing diamond drilling operations at the El Cura deposit, part of its Iberian Belt West project. The latest drilling results have extended the mineralization by 90 meters to the west, with high-grade intercepts including copper, lead, zinc, gold, and silver. This expansion has prompted the company to approve an additional 12,000 meters of drilling to further explore the deposit, potentially enhancing its resource base and strengthening its position in the mining industry.

The most recent analyst rating on (TSE:EMO) stock is a Buy with a C$1.80 price target. To see the full list of analyst forecasts on Emerita Resources stock, see the TSE:EMO Stock Forecast page.